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Nov 23, 2012
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it's followed local laws. the assistant treasury is not pleased. david, thanks for joining us, this has been a subject of discussion here in the uk, as well. the question is can you actually do anything about it. >> well, good to be with you, ross. certainly there are a number of things that we can do in relation to our domestic laws, but i think the main game when it comes to tackling some of these practices is to be working internationally. we do know to have a fairly fundamental over some of the concepts that underpin our approach to international tax law. if you have a look at the concepts that very much dry the way in which we determine taxing rights, emphasis about source and residence and permanent establishments, this is very much the language of law that was assigned for industrial and i think it's increasingly found to be wanting when it comes to some of the challenges that the information and digital age that we're now confronting. >> nobody is doing anything illegal. there are complex tax arrangeme
it's followed local laws. the assistant treasury is not pleased. david, thanks for joining us, this has been a subject of discussion here in the uk, as well. the question is can you actually do anything about it. >> well, good to be with you, ross. certainly there are a number of things that we can do in relation to our domestic laws, but i think the main game when it comes to tackling some of these practices is to be working internationally. we do know to have a fairly fundamental over...
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Nov 22, 2012
11/12
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these countries have a small population and in the case of singapore, tough local law which is try to restrict local gaming. so when china slows down, the bottom lines shrink. joining us to more is aaron fisher. good to see you. thanks for joining us. what happens next particularly on the macao gaming scene? >> we've had some amazing years of growth in made ycamacao. last year's growth rate was 42. but those days are definitely over. average 35% for seven years. the basis got much higher thousand. one of the main reasons why the growth is slowing down is because we are massively capacity constrained in macao and singapore. so the fact that the pmi looks like it's recovering a little bit recently and looking a bit better for next year, we wouldn't expect major growth. we're looking for about 10% growth to next year and also the year after. >> you've analyzed stocks, some companies that will start raining cash. and if you were going to analyze them warren buffett style would be quite attractive. what are they and what are the key characteristics? >> we had a report out called raining ca
these countries have a small population and in the case of singapore, tough local law which is try to restrict local gaming. so when china slows down, the bottom lines shrink. joining us to more is aaron fisher. good to see you. thanks for joining us. what happens next particularly on the macao gaming scene? >> we've had some amazing years of growth in made ycamacao. last year's growth rate was 42. but those days are definitely over. average 35% for seven years. the basis got much higher...
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Nov 26, 2012
11/12
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. >> this building houses a prominent law firm and while it may be the first of its kind in sydney, it's unlikely to be alone for long with planning similar inclusions in newer buildings. matthew taylor, cnbc, sydney. >>> we'll take a short break. still to come, trade links up next. this week an analyst says britain risks scoring their own goal when it comes to doing business abroad. >>> a study warns britain could score its own goal because of bureaucratic hurdles. louisa spoke to the international advisory panel and asked about the findings of the report. >> the findings are around the fact that the world is changing, the landscape has changed. places that used to be attractive before maybe aren't so attractive now. northern europe is still attractive, southern europe is a let's not go there. the bric companies, they're almost seen as safe havens now. but some of the lessons are there are issues, there are local customs and cultures that may make it difficult. there is going to be ethical question marks and krupg. there may be currency exposures. and i think the lessons for the smes ar
. >> this building houses a prominent law firm and while it may be the first of its kind in sydney, it's unlikely to be alone for long with planning similar inclusions in newer buildings. matthew taylor, cnbc, sydney. >>> we'll take a short break. still to come, trade links up next. this week an analyst says britain risks scoring their own goal when it comes to doing business abroad. >>> a study warns britain could score its own goal because of bureaucratic hurdles....
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Nov 28, 2012
11/12
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law should have a little bit more confidence that they may actually be able to, you know, get countries to react. i think going forward, this has been a benefit. >> hans, do you expect argentina to make this payment by december 15th? >> that's -- i think what's being suggested now is that if they're going to pursue the legal avenues, that they're going to have to post a payment -- the payment of the 1.3 billion in escrow. what's interesting is guillermo nielsen, the debt negotiator for argentina back in the first go-around, the 2005 exchange, frankly i consider it to be quite a bit part of the problem in not dealing with the creditors, but even he suggested that they post the payment into escrow and let the legal process go. we've heard in argentina that the main person who is opposing sort of a rational process in seeing how this goes is the president, christina fernandez kirshner, but that there seems to be a bit more of thought that they make this payment. actually, just a payment to elliot, to aurelias, i'm not sure it's going to be in the cards. i think the choices that they try to
law should have a little bit more confidence that they may actually be able to, you know, get countries to react. i think going forward, this has been a benefit. >> hans, do you expect argentina to make this payment by december 15th? >> that's -- i think what's being suggested now is that if they're going to pursue the legal avenues, that they're going to have to post a payment -- the payment of the 1.3 billion in escrow. what's interesting is guillermo nielsen, the debt negotiator...
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Nov 21, 2012
11/12
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. >> his party is also considering the revision of the bank of japan law. yesterday the bank of japan chief hit back saying it was unrealistic. >>> just the latest in japan. let's get the market report kicked off by sixuan. >> let me start off with japan. the nikkei rallied, shrugging off the trade data. auto majors such as toyota and nissan gained over 2%. it was a choppy day of trade for china markets. the shanghai composite opened in the green and then dipped to a three and a half year low and rebounding to higher by over a percent. property stocks, most were up around 2% in late trade. the beaten down liquor producers also recouped some of their losses on bargain hunting. we'll get the hsbc flash pmi tomorrow. that will give us more clues about the state of china's economy. hong kong shares also ended higher today. the $3.6 billion ipo of china's insurer seems to be gaining momentum. sources say the company have secured, several corner stone investors, including aig. elsewhere, south korean shares were under pressure on concerns over europe. steel maker
. >> his party is also considering the revision of the bank of japan law. yesterday the bank of japan chief hit back saying it was unrealistic. >>> just the latest in japan. let's get the market report kicked off by sixuan. >> let me start off with japan. the nikkei rallied, shrugging off the trade data. auto majors such as toyota and nissan gained over 2%. it was a choppy day of trade for china markets. the shanghai composite opened in the green and then dipped to a three...